What is 'optional clause' in SAP LCM - Legal Content Management?

optional clause - Overview

• Component: LCM

• Component Name: Legal Content Management

• Description: A preapproved clause that is defined in a template. An optional clause normally does not fit all scenarios for which the template is used. The optional clause can be used in a legal document or a template variant, as and when needed.

optional clause - Details

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  Key Concepts: 
  Optional clause is a feature of SAP's Legal Content Management (LCM) component. It allows users to add additional clauses to contracts that are not part of the standard contract template. This allows users to customize their contracts to meet specific needs or requirements. 
  
  How to use it: 
  To use the optional clause feature, users must first create a contract template in the LCM component. Once the template is created, users can then add optional clauses to the contract. These clauses can be added either manually or by selecting from a list of pre-defined clauses. Once the optional clauses are added, they can be edited and modified as needed. 
  
  Tips & Tricks: 
  When adding optional clauses to a contract, it is important to ensure that they are legally binding and compliant with applicable laws and regulations. Additionally, it is important to review the optional clauses regularly to ensure that they are up-to-date and still relevant. 
  
  Related Information: 
  For more information on SAP's Legal Content Management component and how to use its optional clause feature, please refer to the SAP Help Portal or contact your local SAP representative.